Investments and Business

Nigel Farage, known for his support of former President Donald J. Trump, his pivotal role in Brexit and his reputation as Britain’s most notorious political provocateur, has been elected to Parliament for the first time. At the helm of the emerging Reform UK party, Farage defied expectations by securing four seats in Parliament, beating many analysts’ predictions in a system that typically disadvantages smaller parties. His party platform has focused heavily on anti-immigration policies. Farage won a decisive victory in Clacton, a declining coastal town where pre-election polls had indicated strong support for him. The victory comes after seven previous…

After Sunday's snap legislative elections in France, the nation faces a deadlocked parliament and significant political uncertainty. No major political faction, left, center or right, has won an outright majority. The left-wing New Popular Front emerged as the leading group with 178 seats. President Emmanuel Macron's centrist coalition followed with 150 seats, while Marine Le Pen's anti-immigration Rassemblement National party and its allies secured 142 seats. Contrary to expectations, the National Rally did not win a clear victory. A strategic move by centrists and leftists to form a "republican front" against the National Rally in the second round of voting…

In the heavily blockaded Gaza Strip, cigarettes have become a rare commodity, often selling for $25-30 each. Both U.N. and Israeli officials have reported that coordinated attacks by groups seeking to profit from these contraband cigarettes are severely hampering the transportation of essential aid into southern Gaza. Israeli authorities carefully monitor all goods entering and leaving Gaza through checkpoints under their control. Despite these efforts, cigarettes have managed to pass for weeks inside aid trucks, mainly through the Kerem Shalom crossing in southern Gaza. To evade Israeli controls, traffickers in Egypt hide cigarettes in sacks of flour, diapers and even…

As President Biden and his team prepared to celebrate NATO’s 75th anniversary, starting Tuesday night in Washington, the goal was to project unity and confidence. The intention was to send a clear message to Russian President Vladimir Putin and other adversaries that, despite more than two years of war in Ukraine, NATO had become stronger and more resolute in its mission to deter aggression. But as 38 world leaders began arriving on Monday, that confidence seemed to be wavering. Even before the summit officially began, doubts were raised about Biden’s potential for a second term and the specter of a…

Tesla’s U.S. electric vehicle market share fell below 50% for the first time in the second quarter of the year, according to recent estimates from research firm Cox Automotive. Tesla’s share fell to 49.7% from 59.3% in the same period last year. The decline is notable because battery-powered vehicle sales have hit record highs during the same time frame. From April to June, Tesla faced increasing competition from General Motors, Ford, Hyundai, and Kia. Cox Automotive estimates, based on filings, company reports, and other data, highlight this shift. The latest quarter marks a significant milestone, as it is the first…

David Ellison’s Hollywood journey has been filled with high-energy, adrenaline-filled blockbusters filled with suspense, stunts and unexpected twists. But on Sunday, he achieved his most significant milestone by negotiating a merger with Paramount after months of discussions with the company and its largest shareholder, Shari Redstone. If the deal goes through, he will oversee a vast media empire that includes CBS, MTV and the Paramount movie studio. Although Ellison, 41, has been among Hollywood's elite for over a decade, he's only just now entering the spotlight. Here's a rundown of his career. Who is David Ellison and what is Skydance?…

Hungarian Prime Minister Viktor Orbán visited Chinese leader Xi Jinping in Beijing on Monday, following his recent talks with Russian President Vladimir V. Putin in Moscow. China's state-run news agency, Xinhua, announced Orban's visit, saying Xi would engage in "in-depth discussions on issues of mutual concern" with him. The two leaders last met two months ago, when Xi visited Budapest to boost Chinese influence in Europe. Chinese state television reported that the meeting took place at the Diaooyutai State Guesthouse, but gave no further details. The meeting offers Xi and Orban, who often diverges from the European Union on Ukraine…

A significant problem is now affecting humanitarian aid convoys trying to deliver essential goods to the starving population of Gaza: attacks by organized groups looking not for flour or medicine, but for cigarettes hidden in the cargo. In the tightly restricted Gaza Strip, where Israel meticulously inspects every incoming truck, cigarettes have become extremely rare, often selling for $25 to $30 apiece. Smugglers in Egypt have hidden them in sacks of flour, diapers and even watermelons donated by the United Nations, according to aid agencies and Israeli officials who shared information with The New York Times. Aid trucks headed to…

A Russian missile attack on Ukraine's largest children's hospital on Monday underscored the escalation of attacks on medical facilities, vehicles and workers in the country. The incident is in line with World Health Organization (WHO) data indicating a potential increase in Ukrainian casualties from such attacks in 2024 compared to the previous year. Before the attack on Ohmatdyt Children's Hospital in Kyiv, WHO had reported 18 deaths and 81 injuries from more than 175 attacks on health infrastructure in Ukraine during the first half of 2024. In addition, 44 attacks on medical vehicles were recorded. In 2023, WHO documented 22…

This week's TV lineup features exciting programming that is sure to capture viewers' attention. On ABC, Jenn Tran continues her journey to find love on "The Bachelorette." The reality dating show, known for its dramatic rose ceremonies and heartfelt moments, promises another week of emotional highs and lows as Jenn navigates her relationships with the remaining contestants. Viewers can expect romantic dates, intense conversations, and maybe a few surprises as Jenn gets closer to finding her potential match. Meanwhile, on ABC, another show is gaining traction for its unique premise. "Claim to Fame," hosted by Kevin and Franklin Jonas, brings…